Compliance at ProductDossier

As an organization, we at ProductDossier consider all compliance related aspects as non-negotiable. Certifications by global compliance bodies bears testimony to our impeccable focus on compliance.

Service Organization Controls: SOC1

Report on Controls at a Service Organization Relevant to User Entities’ Internal Control over Financial Reporting.

Prepared in accordance with AT-C section 320, Reporting on an Examination of Controls at a Service Organization Relevant to User Entities’ Internal Control Over Financial Reporting, these are specifically intended to meet the needs of entities that use service organizations (user entities) and the CPAs/CAs that audit the user entities’ financial statements (user auditors), in evaluating the effect of the controls at the service organization on the user entities’ financial statements.

AICPA SOC

Service Organization Controls: SOC2

Report on Controls at a Service Organization Relevant to Security, Availability, Processing Integrity, Confidentiality or Privacy.

These reports are intended to meet the needs of a broad range of users that need detailed information and assurance about the controls at a service organization relevant to security, availability, and processing integrity of the systems the service organization uses to process users’ data and the confidentiality and privacy of the information processed by these systems. These reports can play an important role in:

  • Oversight of the organization
  • Vendor management programs
  • Internal corporate governance and risk management processes
  • Regulatory oversight

General Data Protection Regulation (GDPR)

GDPR is a regulation applicable to the European Union (EU) requiring businesses to protect the personal data and privacy of EU citizens for processing of their personal data.  While a summary of GDPR is reflected hereunder, details could be reviewed at https://gdpr.eu/tag/gdpr/.

At ProductDossier, we believe that GDPR is relevant to any global organization and not just to those that are based out of the EU.

What are the objectives of GDPR

  • Protection of natural persons about the processing of personal data and rules relating to the free movement of personal data.
  • Protection of the fundamental rights and freedoms of natural persons and in particular their right to the protection of personal data.

What are the principles of GDPR?

Personal data shall be:

  • collected lawfully, fairly, and transparently.
  • collected for specified, explicit and legitimate purposes.
  • adequate, relevant, and limited.
  • accurate.
  • stored for no longer than is necessary.
  • processed in a manner that ensures integrity and confidentiality.

What has ProductDossier done about GDPR?

  • Defined a clear policy on data privacy and protection in line with GDPR.
  • Created a distinct role for Data Protection Officer supported by other relevant roles.
  • Championed the cause for data protection through employee orientation sessions.
  • Relevant processes and controls have been instituted in line with GDPR.
  • Regular assessments (internal and external) are conducted to review GDPR compliance.